Explore The Newest Market Penetrating Strategies Of Smart Connected offices Market 2023 (46.11 Billion USD Market)

Smart Office Market by Product (Smart Lighting/Lighting Controls, Security Systems, Energy Management Systems, HVAC Control Systems, Audio–Video Conferencing Systems), Software & Service, Office Type, and Geography – Global Forecast to 2023″

The smart office market was valued at USD 22.21 Billion in 2017 and is expected to reach USD 46.11 Billion by 2023, at a CAGR of 12.94% between 2017 and 2023. Factors such as increase in demand for smart office solutions and sensor networks for energy efficiency, advancement of IoT in smart office offerings, growing need for safety and security systems at the workplace, and favorable government regulations in several countries are driving the growth of the smart office market.

ABB and Cisco Systems are the Top 2 Players in the Smart Office Market

The growth of the smart office market is driven by various factors such as increase in demand for smart office solutions and sensor networks for energy efficiency, advancement of IoT in smart office offerings, growing need for safety and security systems at the workplace, and favorable government regulations in several countries.

Download PDF Here: https://www.marketsandmarkets.com/pdfdownload.asp?id=254310598#utm_source=PR&utm_medium=2Nov&utm_campaign=7278

The smart office market was valued at USD 22.21 Billion in 2017 and is expected to reach USD 46.11 Billion by 2023, at a CAGR of 12.94% during the forecast period. The market in APAC is expected to grow at the highest CAGR during the forecast period. The Americas is one of the top contributors for this market and is expected to grow due to the presence of major players in the region.

Some of the major companies operating in the global smart office market are ABB, Cisco Systems, Crestron Electronics, Honeywell, Johnson Controls, Philips Lighting, Lutron Electronics, Schneider Electric, Siemens, and United Technologies Corporation.

The stakeholders involved in the value chain of this market include companies in the smart office market, investment community interested in the smart office market, research institutes and organizations, government and financial institutions, original device manufacturers (ODMs), building automation service providers, networking technologies vendors, real estate builders, building automation software solutions providers, building automation service providers, smart office-related associations, organizations, forums, and alliances.

For more information visit: https://www.marketsandmarkets.com/Market-Reports/smart-connected-offices-market-254310598.html#utm_source=PR&utm_medium=2Nov&utm_campaign=7278

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441.

Author: Mauli Naikude

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.